American Electric Power Co (XTER:AEP) Cyclically Adjusted FCF per Share: €-0.71 (As of Mar. 2026)

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XTER:AEP American Electric Power Co Inc XTER:AEP
76 GF Score
Price €119.18
GF Value €98.01
Valuation Modestly Overvalued
! 11 Warning Signs
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What is American Electric Power Co Cyclically Adjusted FCF per Share?

American Electric Power Co XTER:AEP +0.44% 76 Cyclically Adjusted FCF per Share is €-0.71 as of Mar. 2026. GuruFocus rates XTER:AEP with a GF Score™ of 76/100 and a GF Value™ of €98.01 (Modestly Overvalued). The stock has 11 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

American Electric Power Co's adjusted free cash flow per share for the three months ended in Mar. 2026 was €-0.724. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €-0.71 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -18.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -29.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -32.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of American Electric Power Co was 37.00% per year. The lowest was -122.40% per year. And the median was -14.90% per year.

As of today (2026-07-26), American Electric Power Co's current stock price is €119.18. American Electric Power Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €-0.71. American Electric Power Co's Cyclically Adjusted Price-to-FCF of today is .


American Electric Power Co  (XTER:AEP) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


American Electric Power Co Cyclically Adjusted FCF per Share Related Terms


American Electric Power Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for American Electric Power Co's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

American Electric Power Co Cyclically Adjusted FCF per Share Chart

American Electric Power Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.29 -0.41 -0.62 -0.61 -0.63

American Electric Power Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.55 -0.64 -0.57 -0.63 -0.71

XTER:AEP vs D, ETR, XEL: Cyclically Adjusted FCF per Share Comparison

For the Utilities - Regulated Electric subindustry, American Electric Power Co's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


American Electric Power Co Cyclically Adjusted Price-to-FCF vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, American Electric Power Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where American Electric Power Co's Cyclically Adjusted Price-to-FCF falls into.


XTER:AEP
76GF Score
American Electric Power Co Inc XTER:AEP
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

American Electric Power Co Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, American Electric Power Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.724/330.2130*330.2130
=-0.724

Current CPI (Mar. 2026) = 330.2130.

American Electric Power Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.070 241.018 -0.096
201609 0.198 241.428 0.271
201612 -0.113 241.432 -0.155
201703 -0.214 243.801 -0.290
201706 -0.097 244.955 -0.131
201709 0.036 246.819 0.048
201712 -0.275 246.524 -0.368
201803 -0.371 249.554 -0.491
201806 -0.039 251.989 -0.051
201809 0.159 252.439 0.208
201812 -0.125 251.233 -0.164
201903 -0.283 254.202 -0.368
201906 -0.154 256.143 -0.199
201909 0.052 256.759 0.067
201912 -0.289 256.974 -0.371
202003 -0.429 258.115 -0.549
202006 -0.128 257.797 -0.164
202009 -0.102 260.280 -0.129
202012 -0.213 260.474 -0.270
202103 -0.562 264.877 -0.701
202106 -0.046 271.696 -0.056
202109 0.212 274.310 0.255
202112 -0.262 278.802 -0.310
202203 -0.034 287.504 -0.039
202206 -0.044 296.311 -0.049
202209 0.042 296.808 0.047
202212 -0.504 296.797 -0.561
202303 -0.498 301.836 -0.545
202306 -0.310 305.109 -0.336
202309 0.032 307.789 0.034
202312 -0.119 306.746 -0.128
202403 -0.123 312.332 -0.130
202406 -0.046 314.175 -0.048
202409 0.099 315.301 0.104
202412 -0.278 315.605 -0.291
202503 -0.237 319.799 -0.245
202506 -0.668 322.561 -0.684
202509 0.568 324.800 0.577
202512 -0.215 324.054 -0.219
202603 -0.724 330.213 -0.724

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of €-0.71 mean?
American Electric Power Co (XTER:AEP) has a Cyclically Adjusted FCF per Share of €-0.71 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on American Electric Power Co and its competitors.
Is American Electric Power Co's Cyclically Adjusted FCF per Share too high?
American Electric Power Co's current Cyclically Adjusted FCF per Share is €-0.71. Overall, American Electric Power Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does American Electric Power Co's Cyclically Adjusted FCF per Share compare to D and ETR?
American Electric Power Co's Cyclically Adjusted FCF per Share of €-0.71 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for an Utilities - Regulated company?
A good Cyclically Adjusted FCF per Share depends on the Utilities - Regulated industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on American Electric Power Co and its competitors. American Electric Power Co's current Cyclically Adjusted FCF per Share is €-0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, American Electric Power Co (XTER:AEP) is currently considered Modestly Overvalued. The stock's GF Value™ is €98.01, compared to a current price of €119.18 — trading 21.6% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €-0.71. American Electric Power Co's overall GF Score™ is 76/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For American Electric Power Co (XTER:AEP), the current Cyclically Adjusted FCF per Share is €-0.71 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is American Electric Power Co (XTER:AEP) Overvalued in 2026?

Based on GuruFocus' analysis, American Electric Power Co stock appears to be overvalued. The current stock price of €119.18 is trading 21.6% above its estimated GF Value™ of €98.01. GuruFocus considers American Electric Power Co to be Modestly Overvalued.

Key valuation signals for XTER:AEP:

  • Cyclically Adjusted FCF per Share: €-0.71
  • GF Value™: €98.01 vs. price of €119.18 (21.6% above fair value)
  • GF Score™: 76/100 with 11 warning signs

No single metric tells the full story. See the XTER:AEP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


American Electric Power Co Business Description

Address 1 Riverside Plaza, Columbus, OH, USA, 43215-2373
American Electric Power is one of the largest regulated utilities in the United States, providing electricity generation, transmission, and distribution to more than 5 million customers in 11 states. About 39% of AEP's capacity is coal, with the remainder from a mix of natural gas (28%), renewable energy and hydro (23%), nuclear (7%), and demand response (3%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings.
76GF Score

Get the complete analysis for XTER:AEP

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€119.18
Price
€98.01
GF Value